Global Commercial Real Estate Investment Dips in 2019, But Demand Remains
Global real estate consultant JLL is reporting this week that after a bumpy 2018, investment in global commercial real estate cooled in the first half of 2019 with year-on-year volumes dropping by 9% to 341 billion dollars. All three regions performed differently, with activity falling in EMEA and the Americas while Asia Pacific broke yet another record as volumes hit a new first-half high of $86 billion. Structural shifts continue to impact the retail sector while ongoing political and economic uncertainty is also taking a toll on investor sentiment.